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2012 Chart: Fiat currencies vs. gold and silver

derrybderryb Posts: 37,612 ✭✭✭✭✭
in Precious Metals
Gold was up 14131.4% if purchased with the Burmese Kyat!

The race to debase

No Way Out: Stimulus and Money Printing Are the Only Path Left

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    A very clear message regarding fiat currencies.... Logically, one can see, it cannot reverse without some cataclysmic event that virtually changes the world of finance as it exists today. (Wow, some statement - and I make that statement knowing full well that I in no way approach the depth of financial knowledge of most here on the forum.) Cheers, RickO
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